Caterpillar 242D3 vs John Deere 320E: Which Is the Better Value?
The Caterpillar 242D3 averages $46,506 CAD at auction, compared to $30,760 for the John Deere 320E. That's a $15,745 difference. Based on 27 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The John Deere 320E is the better value buy for most Canadian buyers, averaging $15,745 less than the 242D3.
Caterpillar 242D3
SSL$46,506 CAD avg
$11,040
Low
$74,888
High
9
Sales
Avg 1,362 hours · 2020–2022 model years
Full price guide →John Deere 320E
SSL$30,760 CAD avg
$18,216
Low
$46,043
High
18
Sales
Avg 1,796 hours · 2014–2017 model years
Full price guide →What are the key differences between 242D3 and 320E?
- Price: The 320E is $15,745 cheaper on average (34% savings).
- Usage: Used 242D3s average 1,362 hours while 320Es average 1,796 hours.
Both Caterpillar and John Deere retain value well. See our depreciation guide for brand rankings.
Looking for a 242D3 or 320E? Check current listings with Deal Scores.
Which is the better value: 242D3 or 320E?
Choose the Caterpillar 242D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the John Deere 320E if:
- You want lower upfront cost ($15,745 savings)
- You prefer John Deere's dealer network and parts availability
How do 242D3 and 320E prices compare by year?
| Year | Caterpillar 242D3 | John Deere 320E |
|---|---|---|
| 2022 | $11,040 (1) | — |
| 2021 | $59,122 (4) | — |
| 2020 | $42,756 (4) | — |
| 2017 | — | $33,925 (4) |
| 2015 | — | $28,214 (6) |
| 2014 | — | $31,087 (8) |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 242D3 and 320E prices compare by hours?
| Hours | Caterpillar 242D3 | John Deere 320E |
|---|---|---|
| 0-999 hrs | $73,117 (2) | $41,722 (2) |
| 1,000-1,999 hrs | $52,417 (4) | $33,821 (8) |
| 2,000-2,999 hrs | $25,806 (2) | $24,958 (8) |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 242D3 or 320E in Canada?
Caterpillar 242D3
All Caterpillar 242D3 listings →More Comparisons
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